UK Creatives and Technologists - One Week Left to Become Part of Multi-Million Pound Government Connected Digital Economy Catapult (CDEC)

written by: Richard Kastelein

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Do you want to be part of moulding the future of the UK's innovation marketplace? The new Connected Digital Economy Catapult (CDEC) is offering up the opportunity for smaller UK creative and technology companies (SMEs) to be part of process, build new strategic network partnerships, and possibly become a a stakeholder in a multi-million pound collaborative project. Click here now to get the process rolling - there's only a week left for submissions - with a March 28 deadline for registration.

What are Catapults? The Connected Digital Economy Catapult forms part of the Technology Strategy Board’s £200m-plus programme to establish and oversee a network of technology and innovation centres. These Catapults will be drivers of sustained economic growth, attracting substantial investment to establish world-leading capability and global impact in pre-commercial development.

The UK has one of the world's strongest digital markets. The ICT, software and digital content sectors are together worth £100bn. The UK internet economy is estimated to be larger per head than in any other country. It is expected to grow to 10% of GDP by 2015.

The new Catapult is a technology and innovation centre which will accelerate innovation and stimulate growth in this important area of the economy. It will bring together technological expertise to help the UK’s world-leading digital businesses to develop, test and apply new technologies, reducing the risk associated with creating hugely profitable products and services in the future. The centre may focus on areas such as: How digital media and content are traded and used - in order to find sustainable ways to help businesses co-operate to create profitable services; The pervasiveness of digital services - addressing the impact of new technologies and systems such as cloud computing and identity management, as businesses and industries become more digital; The blending of digital and physical worlds - looking at how our devices, clothes, cars and other consumer goods become better connected to enhance our physical lives

More from Jess Sully at the UK Technology Board Creative Industries Knowledge Transfer Network (CIKTN):

The connected digital economy represents the emerging area of internet-driven convergence, where content, data, people, businesses and the physical world connect in new ways to deliver radically new applications, services and experiences. This convergence will disrupt existing value chains, transform traditional business models and create new markets.

Clearly from a creative industries perspective, the CDEC, in its broad aim to coordinate and link UK-wide expertise, will provide new opportunities for strategic collaborations with a broad range of commercial and academic partners across traditional sector boundaries. It will also offer access to state-of-the-art testing facilities, software and equipment, data and content, demonstrators and customer bases.

If you are interested to follow future developments within the Connected Digital Economy Catapult, you are also encouraged to join the Special Interest Group on _Connect where all the latest news and information about will be posted.

 

How digital media and content are traded and used - in order to find sustainable ways to help businesses co-operate to create profitable services;

The pervasiveness of digital services - addressing the impact of new technologies and systems such as cloud computing and identity management, as businesses and industries become more digital;

The blending of digital and physical worlds - looking at how our devices, clothes, cars and other consumer goods become better connected to enhance our physical lives.

Helping businesses that traditionally are less active in the digital market place, such as health, retail and education, by transferring knowledge and experience from industries which are leading, such as the media and creative sectors.

The Connected Digital Economy Catapult will also help businesses that traditionally are less active in the digital market place, such as health, retail and education, by transferring knowledge and experience from industries which are leading, such as the media and creative sectors. This will help a broad spectrum of UK business take advantage of digital technology and quickly exploit profitable new business models

The Catapult will also enable small and medium enterprises to collaborate with the wider digital value chain and showcase their products using state-of-the-art demonstrators that will be found at the Catapult

The combined market for the UK’s software, ICT and creative industries today accounts for £109bn of GVA. The UK’s internet economy (e-commerce) is also larger, per head, than in any other country and it is forecast to grow 10% per year for the next four years, and contribute 10% of UK’s GDP by 2015*

 

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